Answer:
➢ The income effect describes the <u>relationship between an increase in real income and demand for a good</u>. The result of the income effect for a normal good is discernible to that of an inferior good in that a positive income change causes a consumer to buy more of a normal good, but less of an inferior good.
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Answer:
The answer is 8.5=(x-2.5)^2+(y-3)^2+(z-4.5)^2
Step-by-step explanation:
First we need to find diameter of the sphere. The distance point A and point B is:
d/2=r=2.92
radius of the sphere is 2.92 units
and the center of the sphere is:
C=((4+1)/2,(3+3)/2,(7+2)/2)
C=(2.5,3,4.5)
We can write the equation of the sphere as: